What Happened to Brellabox After the Shark Tank Pitch?

What was Brellabox?

Brellabox was an umbrella rental service aimed towards both city dwellers and college students. The company planned to rent umbrellas for $1.50 each 12 hour period.

The business was created to put an end to the habit of buying low-cost umbrellas just to throw them away once they were broken. Brellabox was the greatest alternative because cheap umbrellas have a short shelf life.

Who is the Founder of Brellabox?

Brellabox was created in 2016 by John O’Connor and Anusha Kambhampaty, who pitched the idea on Shark Tank.

JSO Digital is still operated by John O’Connor in Austin, Texas.

He developed a company that helps people customize their diets and lifestyles depending on their genetic make-up.

Anusha Kambhampaty is the Director of Business Development at Progenics Pharmaceuticals and a graduate of NYU.

Brellabox was developed as an environmentally friendly alternative to poorly made umbrellas.

Customers may get umbrellas from the vending machine for a maximum of 12 hours.

The opportunity to return a broken umbrella to the vending machine was a perk of the umbrella rental company.

Their objective was to place as many umbrella vending machines as possible for the sake of convenience.

College students and city dwellers were the key populations.

While the company rented out umbrellas, there was also the option to buy and own the product.

They collaborated with schools for test runs, so their concept was pre-revenue when they came to Shark Tank, but the entrepreneurs remained optimistic.

The Brellabox app listed the locations, making it quick and easy to find a machine.

The New York City pilot program was a big success, and the company planned to expand to more institutions, including Michigan State and Penn State.

They are also in talks with large corporate campuses and hotel chains about equipment installation.

The corporation generated money by selling or leasing the equipment and umbrellas. There were also advertisements on the umbrellas, which brought in extra money.

What Happened to Brellabox at the Shark Tank Pitch?

On Sharks Tank season 7 episode 26, John O’Connor and Anusha Kambhampaty seek a $400,000 investment in return for a 20% ownership in ‘Brellabox.’ This equates to a $2 million valuation.

Despite some news attention and university queries about placing the devices on campus, the Sharks remain skeptical.

Mark Cuban is fascinated with numbers. According to John, a 12-hour rental costs $1.50. Umbrellas that are not returned are assessed a fee of $40.

According to John, the colleges receive an 85/15 split, with the company receiving the remaining 85 percent.

They also offer advertising sponsorship on the machines and umbrellas to increase income.

The Sharks are only somewhat intrigued until John tells that the product was made in a trial run, but the umbrellas were provided free of charge.

Kevin O’Leary abhors the idea. He tells the pair that he would “put a stop to this madness right now,” since it is “perhaps the stupidest notion I’ve ever heard on Shark Tank.” He’s no longer with us.

Mark Cuban is curious in how the cost and profit split works. A limited run of 50 machines will cost $1,150 each machine. If they buy 200, the price drops to $975.

The umbrella producers supply the items to fill the machines for free as a brand marketing approach.

Daymond John isn’t convinced of the idea’s use. He claims that renting an umbrella while it is raining is too costly, as is the hassle of returning the umbrella afterwards.

Chris Sacca lives in California and believes that his clothing is practically rainproof, therefore he isn’t interested. He’s no longer there.

Barbara Corcoran is intrigued by pre-orders. John says that they have a four-box arrangement with one institution and are in talks with two others.

Mark Cuban thinks it’s a lot of money for a little piece of the company with a lot of uncertainty. He’s no longer there.

Barbara indicated that in order for the company to be successful, an additional layer of work must be accomplished. Barbara fled, stating that the deal was illogical.

Daymond John admires the entrepreneurs’ work ethic, but he doubts the concept will take off. He’s gone, and John and Anusha thanked them as they exited.

What Happened to Brellabox After the Shark Tank Pitch?

‘Brellabox has continued to work on decreasing the price and shrinking the box’s footprint in order to make it more appealing to potential clients such as cities and schools since its debut on Shark Tank.

They were successful in obtaining a contract with Penn State and increasing the number of trial venues in New York City.

The company is growing slowly but steadily and has not yet declared bankruptcy. Coming to the Sharks before revenue is always risky, and it looks like Brellabox’s gamble did not pay off.

It remains to be seen if they will have sunny days or will be rained out.

Regrettably, this company closed its doors in April 2018.

According to LinkedIn, Kambhampaty is the Director of Business Development at Progenics Pharmaceuticals, a publicly traded company known for its prostate cancer therapy drugs.

And John O’Connor is still running his digital marketing firm, JSO Digital, in Austin, Texas, where he just launched Gene Food, a company that helps people customize their diets and lifestyles to their genetic makeup.

What is the Net Worth of Brellabox?

Anusha Kambhampaty and John O’Connor go on Shark Tank in quest of a $400,000 investment in exchange for a 20% ownership in ‘Brellabox.’ This equates to a $2 million valuation.

Who are the Competitors of Brellabox?

Brellabox does not have any competitors.

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Brellabox FAQS

What was Brellabox doing?

Brellabox was an umbrella rental service aimed towards both city dwellers and college students.

What was their revenue model?

They make money by selling or leasing the equipment and umbrellas, and they also sell advertising on the umbrellas.

Who was the founder of Brellabox?

Brellabox was created in 2016 by John O’Connor and Anusha Kambhampaty.

How much was John O’Connor and Anusha Kambhampaty seeking in the Shark Tank?

They were seeking $400,000 in exchange for 20% equity.

Did Brellabox get a deal on the Sharks?

Brellabox was denied a deal on Shark Tank.

6. What happened to Brellabox after the Shark Tank?

‘Brellabox has continued to work on decreasing the price and shrinking the box’s footprint in order to make it more appealing to potential clients such as cities and schools since its debut on Shark Tank.

Is Brellabox still in business?

The Company closed its doors in April 2018.

What happened to the founders after closing their Company?

According to LinkedIn, Kambhampaty is the Director of Business Development at Progenics Pharmaceuticals, a publicly traded company known for its prostate cancer therapy drugs.

And John O’Connor is still running his digital marketing firm, JSO Digital, in Austin, Texas where he just launched Gene Food, a company that helps people customize their diets and lifestyles to their genetic makeup.

When was Brellabox aired on Shark Tank?

Brellabox was aired on April, 29th 2016.

When was Brellabox founded?

Brellabox was founded in early 2014.

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